{"id":167461,"date":"2025-12-15T23:53:33","date_gmt":"2025-12-15T16:53:33","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-shake-up-people-on-variable-incomes-could-have-more-payment-flexibility\/"},"modified":"2025-12-16T02:39:34","modified_gmt":"2025-12-15T19:39:34","slug":"uk-mortgage-shake-up-people-on-variable-incomes-could-have-more-payment-flexibility","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-shake-up-people-on-variable-incomes-could-have-more-payment-flexibility\/","title":{"rendered":"UK mortgage shake-up: people on variable incomes could have more payment flexibility"},"content":{"rendered":"


\nSome potential first-time buyer groups \u2018could be better served\u2019, regulator says in reviewFreelancers and gig economy workers could enjoy more flexibility over how and when they pay their mortgage under plans designed to help more people get on the property ladder.A shake-up of the rules so people whose income is \u201cvariable or irregular\u201d could be freed up from having to make monthly mortgage payments is one of a number of changes being considered by the Financial Conduct Authority (FCA) that could make it easier for millions of \u201cunderserved\u201d UK consumers to get a home loan. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK mortgage shake-up: people on variable incomes could have more payment flexibility<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Some potential first-time buyer groups \u2018could be better served\u2019, regulator says in reviewFreelancers and gig...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-167461","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-HyZ","jetpack-related-posts":[{"id":138224,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-share-your-experience-of-having-a-variable-rate-mortgage\/","url_meta":{"origin":167461,"position":0},"title":"UK homeowners: share your experience of having a variable rate mortgage","date":"July 6, 2023","format":false,"excerpt":"\r We\u2019d like to hear from homeowners in the UK who are stuck on variable mortgage rates, and how interest rate rises have been affecting themWe\u2019re interested to hear from homeowners in the UK who are stuck on mortgage deals with variable rates.Recent back-to-back interest rate rises mean that repayments\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1878,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-needs-mortgage-market-shake-up\/","url_meta":{"origin":167461,"position":1},"title":"UK needs mortgage market shake-up","date":"January 18, 2016","format":false,"excerpt":"\r Home buyers are borrowing higher sums over longer periods\r \r Source : ft.com\r Read more...UK needs mortgage market shake-up","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127092,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-svr-paid-by-uk-mortgage-borrowers-hits-highest-level-in-13-years\/","url_meta":{"origin":167461,"position":2},"title":"Average SVR paid by UK mortgage borrowers hits highest level in 13 years","date":"June 20, 2022","format":false,"excerpt":"\r Standard variable rate reached 4.91% at the start June \u2013 before last week\u2019s rise in base rate by the Bank of EnglandThe average standard variable rate paid by UK mortgage borrowers reached its highest level in 13 years this month, it was revealed on Monday, and last week\u2019s increase\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138614,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-a-bloodbath-the-uk-homeowners-on-variable-mortgages-fearing-another-rate-rise\/","url_meta":{"origin":167461,"position":3},"title":"\u2018It\u2019s a bloodbath\u2019: the UK homeowners on variable mortgages fearing another rate rise","date":"August 3, 2023","format":false,"excerpt":"\r With the cost of borrowing likely to rise again, we speak to some of the 1.4m people on variable rates dreading the latest decisionBank of England poised to raise UK interest rates to 5.25%\u201cIt\u2019s a bloodbath, that\u2019s the way I\u2019d like to describe it,\u201d says John*, a father of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127661,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-svr-mortgage-paid-in-uk-tops-5-for-first-time-since-2009\/","url_meta":{"origin":167461,"position":4},"title":"Average SVR mortgage paid in UK tops 5% for first time since 2009","date":"July 11, 2022","format":false,"excerpt":"\r Typical amount borrowers pay rises to highest level in 13 years at 5.06% after successive interest rate risesThe average standard variable rate paid by UK mortgage borrowers has topped 5% for the first time in more than 13 years, piling more pressure on households.The financial data provider Moneyfacts said\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80977,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rate-rise-of-1-would-cost-average-uk-homeowner-930-a-year\/","url_meta":{"origin":167461,"position":5},"title":"Interest rate rise of 1% would cost average UK homeowner \u00a3930 a year","date":"February 26, 2018","format":false,"excerpt":"\r A Bank of England rate change would add \u00a310bn to UK mortgage bill, Savills saysA 1% rise in interest rates would add around \u00a310bn to the UK\u2019s mortgage bill, according to analysis from estate agent Savills. The increase would equate to adding \u00a3930 a year to the cost of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/167461"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=167461"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/167461\/revisions"}],"predecessor-version":[{"id":167462,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/167461\/revisions\/167462"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=167461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=167461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=167461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}